Sustained Business Growth Starts with Smarter AP
Managing a sudden surge in revenue shouldn’t overwhelm your finance team. When business growth accelerates unexpectedly, invoice volumes skyrocket and manual processes struggle to keep up.
Learn how high-volume invoice processing challenges can be overcome with smart invoice automation solutions. Efficient AP automation ensures your finance department can scale with the business – maintaining accuracy, controlling costs, and strengthening supplier relationships – all without adding headcount.
Challenges of Managing Business Growth in Finance
Predictable turnover growth is manageable, but sudden revenue spikes put immense pressure on financial operations.
Key Challenges Finance Teams Face During Growth:
- High-Volume Invoice Processing: Increased spending leads to more invoices, more suppliers, and higher payment volumes, quickly overwhelming AP teams.
- Manual Workload Strain: Without invoice automation, finance teams struggle to keep up with data entry, leading to delays and inefficiencies.
- Rising Errors & Duplicate Payments: Up to 1% of supplier payments can be incorrect – resulting in overpayments, duplicate invoices, and cash leakage.
- Supplier Management Risks: Rapid supplier expansion raises compliance and financial risks, while managing vendor queries drains productivity.
Solutions for Managing Business Growth in Finance
Managing business growth without overburdening finance teams requires the right balance between cost control and efficiency. High-volume invoice processing can strain AP teams, leading to errors, delays, and increased costs.
Leveraging Existing Teams
Maximises current resources but can lead to burnout, delays, and costly invoice errors over time.
Hiring Temporary Staff
Provides short-term relief but increases overhead costs and lacks long-term scalability.
Outsourcing Invoice Processing
Reduces internal workload but limits financial visibility and control over AP operations.
Automating Accounts Payable
A scalable solution that streamlines workflows, reduces errors, and supports business growth.
Why AP Automation is Essential for High-Growth Companies
Rapid business growth increases invoice volumes, workload, and financial complexity, making manual processes unsustainable. AP automation eliminates tedious data entry, reduces errors, and accelerates approvals – allowing finance teams to scale efficiently without adding headcount.
By automating invoice processing, businesses gain real-time financial visibility, strengthen cash flow control, and improve accuracy, ensuring smooth operations during expansion.
Testimonials
AP was our most manual and fragmented process across finance and Kefron AP provided a solution that drove AP automation, while integrating to our new ERP system. AP Invoice Automation saves time, streamlines staff onboarding and increases reporting accuracy.”
Paul McMahon
Head of Finance Transformation
How Invoice Automation Supports Business Growth
- Scalable AP Processing
- AI-Driven Efficiency
- Smarter AP Controls
- Self-Service & Transparency
Handles High Volumes with Ease
AP automation expands effortlessly with business growth, ensuring faster invoice approvals and efficient high-volume processing without adding headcount.
Reduces Manual Data Entry
Intelligent data extraction eliminates tedious manual entry, accelerating invoice processing while boosting accuracy and productivity.
Minimizes Errors & Fraud Risks
Automated duplicate detection, approval tracking, and compliance checks reduce financial risks and prevent costly errors.
Enhances Supplier Relationships
Supplier portals enable real-time invoice tracking, automated queries, and on-time payments, strengthening business partnerships.
Future-Ready AP Automation for Growing Businesses
Take the next step to support your finance team’s success. Optimise for the future with an AP automation solution that grows with you.
Book a Demo to see how intelligent invoice processing can transform your AP department, or download our in-depth guide to managing business growth with smarter finance strategies. Your business is growing fast – now ensure your finance operations grow right along with it.
Kefron AP - Scalable Solution for Business Growth
Kefron AP eliminates manual workload, improves financial visibility, and integrates seamlessly with your existing systems, ensuring finance leaders stay in control while managing business growth.
Seamless ERP Integration
Eliminate Data Silos & System Mismatches. Easily integrate with SAP, Sage, Oracle, Microsoft Dynamics, and other ERPs for a smooth financial transition.
AI-Driven Invoice Processing
Manual invoice handling slows down ERP migration. Kefron AP uses AI-powered invoice automation to capture, validate, and match invoices, reducing processing time and errors.
Real-Time Financial Insights & Reporting
Maintain Full Control Over Cash Flow. Kefron AP provides custom dashboards, invoice tracking, and automated financial reporting, ensuring finance teams maintain full control over payments and cash flow.
Compliance & Audit-Ready Financial Data
Ensure Secure & Transparent Financial Records. Kefron AP ensures audit-ready records, automated compliance tracking, and GDPR-compliant data security, reducing risks during the transition.
Faster Implementation & Minimal Disruptions
Accelerate AP Automation in Weeks. Kefron AP deploys quickly, enabling businesses to automate AP processes within weeks, ensuring minimal downtime and faster time to value.
Improved Cash Flow & Supplier Relationships
Prevent Late Payments & Strengthen Vendor Trust. Kefron AP optimises invoice approvals, prevents late payments, and enhances cash flow visibility, ensuring continued business stability.
Seamless ERP Integration – Over 70 ERP Systems Supported
Kefron AP integrates smoothly with 70+ ERP systems, ensuring high-volume invoice processing remains efficient as your business scales.
Advanced Features to Support Managing Business Growth
- AI-Powered Data Capture
- AutoMatch
- DocCentre
- Workspace
- PO Module
- Advanced Workflows
99% data accuracy
Kefron AP ensures 99% data accuracy by intelligently extracting invoice details without manual intervention. This eliminates errors and ensures seamless data migration to your new ERP system.
Smart Invoice & PO Reconciliation
Matching invoices to purchase orders manually slows down AP teams. Kefron AP’s AutoMatch feature uses AI to perform touch-free matching, drastically reducing errors and improving efficiency.
Centralised AP Document Hub
During an ERP system change, finding critical financial documents can be a challenge. DocCentre ensures all AP documents are stored, searchable, and securely accessible in one place.
One Screen for AP Management
No more switching between multiple platforms. Kefron AP’s Workspace allows finance teams to view, approve, and track invoices within a single, intuitive interface, saving time and improving productivity.
License-Free Purchase Order Processing
Kefron AP enables businesses to create, manage, and approve POs directly within the platform, eliminating reliance on complex ERP PO modules and ensuring organisation-wide purchasing compliance.
Analytics & Approvals
Gain full financial control with real-time analytics, automated approval workflows, and detailed reporting. Kefron AP enhances visibility, helping finance teams make data-driven decisions during ERP migration.
Ready to Scale Smarter?
Optimise growth capital management and streamline high-volume invoice processing with Kefron AP. Ensure seamless ERP integration, eliminate manual inefficiencies, and keep your finance operations aligned with managing business growth.
Your business is growing fast – make sure your AP processes grow with it!
FAQs:
What is business growth?
Business growth refers to an increase in a company’s revenue, customer base, market share, or operational capacity. Growth can be gradual and planned, or sharp and unexpected, requiring businesses to adapt their processes, including finance and accounts payable (AP) functions.
What triggers business growth?
Business growth is often triggered by factors such as increased market demand, successful product launches, mergers and acquisitions, external investments, or improved operational efficiency.
How does rapid turnover growth impact finance teams?
When revenue spikes unexpectedly, finance teams face increased invoice volumes, manual workload, transaction errors, and supplier management challenges. This pressure is particularly intense on accounts payable (AP) functions, as they must process higher transaction volumes.
How can businesses manage financial operations during rapid growth?
To scale effectively, companies can:
- Implement AP automation to handle high invoice volumes.
- Adopt AI-powered invoice matching to reduce manual data entry.
- Use fraud detection tools to flag duplicate payments and suspicious transactions.
- Set up a supplier portal for self-service invoicing and compliance checks.
Why do companies struggle with AP during high turnover growth?
Without automation, AP teams must manually input invoices, verify suppliers, and approve payments—processes that become overwhelming with a sudden increase in transaction volume. This leads to inefficiencies, delayed payments, and increased financial risk.
How can companies ensure smooth financial operations during expansion?
By leveraging AI-driven AP automation, companies can:
- Reduce invoice processing time with automated data extraction.
- Improve accuracy with PO matching and fraud detection.
- Ensure compliance with supplier verification tools.
- Enhance cash flow management with real-time AP insights.
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